Nestled in a serene cul-de-sac on 112a Panorama Road, this attractive 4-bedroom, 2-bathroom residence is set on a freehold section of 520 square meters. Constructed in 2004 with robust brick walls and tiled roofing, the property is in a good condition both inside and out. The capital value has seen a significant increase from $930,000 in 2017 to $1,225,000 as of June 2021, reflecting a growth rate of 31.72%. The floor area spans 129 square meters, providing ample space for a growing family, while the lush garden with a variety of fruit trees offers a peaceful retreat.
With a HouGarden AVM valuation of $1,140,000 and a latest sale history of $688,000 in 2014, this property presents a sound investment opportunity. The government's capital value increase further underscores the potential for growth in this sought-after location, close to Sylvia Park and with convenient access to the motorway.
For families with school-aged children, the property falls within the zones of Baradene College (decile 9) and Stanhope Road School (decile 4), among others, ensuring access to quality education. This charming brick and tile abode is not just a home but a foundation for a vibrant life in the heart of Mt Wellington.
Updated on May 03, 2024